General Manager - Internal Audit at National Social Security Fund (NSSF)

KEY RESPONSIBILITIES:

•  Develop an annual audit plan based on a risk assessment to determine areas that need to be audited in the Fund
•  Formulate and coordinate the implementation of internal audit and risk assessment policies, strategies and plans;
•  Ensure internal audits are conducted to assess the effectiveness of internal controls, risk management and compliance with policies and regulations;
•  Identify and evaluate risks within the Fund and develop strategies to mitigate the risks;
•  Prepare audit reports that summarize findings and recommendations and present to the Senior Management and the Board;
•  Recommend improvements to existing processes, to enhance efficiency and effectiveness;
•  Ensure the Fund complies with the various laws and regulations and advise on changes that will ensure compliance
•  Provide reasonable assurance on the state of risk management, control and governance within the Fund;
•  Investigate and detect fraudulent activities within the Fund and implement measures to prevent future occurrence:
•  Assess whether resources are acquired economically, utilized efficiently and adequately protected;
•  Ensure that resources are acquired and economically used efficiently and adequately protected;
•  Liaise with external auditors on annual audit exercise;
•  Monitor and track implementation of audit recommendations and verify corrective actions taken;
•  Build and maintain strong relationships with stakeholders such as management, external auditors and regulatory bodies;
•  Leverage on audit technology and data analytics to enhance the efficiency and effectiveness of audits and
•  Provide independent assurance on risk management process on both design and operation.

JOB REQUIREMENTS/SPECIFICATIONS:

•  Master’s Degree in Finance, Economics, Statistics, Project Management, Business Administration or any other relevant qualification from a recognized institution;
•  Bachelor's Degree in Finance, Economics, Statistics, Project Management, Business Administration or any other relevant qualification from a recognized institution;
•  Professional qualification such as CIA, CISA, ACCA, CPA (K), CRMA, PRM, or equivalent from a recognized institution;
•  At least twelve (12) years’ work experience, five (5) of which should have been in a senior management position;
•  Membership to a relevant and accredited professional body such as ICPAK, IIA, ISACA, ACCA or any other relevant qualification; and in good standing;
•  Leadership Course from a recognized institution or a Certificate in Corporate Governance;
•  Proficiency in computer applications; and
•  Fulfilled the requirements of Chapter 6 of the Constitution.

COMPETENCIES:

•  Excellent understanding of international financial reporting standards (IFRS);
•  Excellent grasp of financial and management accounting; taxation and relevant legislation;
•  Knowledge of accounting principles and practices, the financial markets, as well as the analysis and reporting of financial data;
•  Working knowledge of strategic planning concepts;
•  Good understanding of pension scheme related regulations;
•  Strong expertise in strategic management, project planning and budgeting, resource management, strategy implementation as well as monitoring and evaluation;
•  Risk awareness and focus;
•  Analytical and problem-solving skills;
•  Strong leadership and people management skills;
•  Strong business acumen;
•  Strong interpersonal skills, including ability to build alliances and relationships with the right level of sensitivity to diversity; and
•  Strong communication and presentation skills.